Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them

Dijital varlık piyasalarında kritik bir gelişme söz konusu. Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them Price data by News Law and Order Trump Walks Back Prediction Market Criticism, Says 'Smart People' He Knows Like Them Trump said last week he didn’t like prediction markets, but then changed his tune, arguing the U. should not get left behind in the space. By Sander Lutz Edited by Guillermo Jimenez Apr 27, 2026 Apr 27, 2026 3 min read President Donald Trump.

Source: /Shutterstock Create an account to save your articles. Add on Google Add as your preferred source to see more of our stories on Google. In brief Trump appeared to soften criticism of prediction markets just two days after saying they helped turn the world into “a casino.

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” Over the weekend, he noted “very smart” people support the industry. Trump’s son, Donald Trump Jr. , has ties to both Polymarket and Kalshi.

President Donald Trump appeared to walk back criticism of prediction markets over the weekend, suggesting he wasn’t yet sure where he stood on the matter or whether he’d prefer if the emerging sector were regulated differently. On Thursday, the president told reporters he was “never much in favor” of prediction markets—a booming industry that now accounts for over $7 billion in weekly trading volume—which he said have played a part in turning “the whole world, unfortunately somewhat of a casino. ” The comments came hours after federal law enforcement arrested a U.

soldier for allegedly using classified intelligence to net over $400,000 from a Polymarket wager on the timing of a high-profile military operation. But on Saturday, Trump seemed to retract his critique, saying he wasn’t sure where he stood on the subject—and arguing some “very smart” people believe the novel sector is worth supporting. “Well, I don’t know,” Trump said when asked by about his prior statements critical of prediction markets.

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“I know some people that are very smart. They like it, they disagree. ” When asked if he would consider directing his administration to change its aggressively pro-prediction market policies, the president demurred.

“A lot of other countries are doing it, and when the other countries do it, we get left out in the cold if we don’t do it,” Trump said. “I know people that are in the prediction market business, and they’re pretty happy with it,” he added.

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